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Author Topic: NFL just open, doesn't need this caught red-handed SHAMELESS FRAUD's association  (Read 198 times)

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Offline theking

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NFL player accused of fraud, spending coronavirus relief funds at casinos and on jewelry


Joshua Bellamy is accused of taking part in a $24 million fraud scheme that allegedly took loan money meant for businesses as coronavirus relief and using it on personal expenses.

Bellamy, 31, was arrested Thursday and charged with wire fraud, bank fraud and conspiracy to commit wire fraud and bank fraud, according to a release from the U.S. Department of Justice. Bellamy allegedly conspired with others to obtain loans from the Paycheck Protection Program (PPP) for his inactive company, Drip Entertainment, which was then spent on designer goods and at casinos.

Investigators found that Drip Entertainment was registered inactive last year with the state of Florida, but that Bellamy requested loans with falsified documents stating he had $1.5 million of payroll expenses quarterly, according to a criminal complaint.

Drip Entertainment’s loan request was approved around the end of May, the complaint said.



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